Yusen Logistics Australia has acquired 1 the Hitech Asia Pacific brand businesses from the Hi-tech Express Group, a logistics provider based in Australia.
Hitech specialises in domestic logistics, providing an end-to-end logistics service that integrates the land transportation, installation and calibration of sensitive freight such as medical and business machinery. The company has eight locations across Australia and New Zealand, having a share of approximately 70 per cent of the medical equipment transport market.
Managing director of Yusen Logistics Australia Ian Pemberton said: “This acquisition will expand and improve the quality of Yusen Logistics’ services, increasing our presence through the expansion of new bases in New Zealand, which complement our Group’s capabilities.
“Yusen Logistics will grow sales in the high-value added logistics service of sensitive freight and by integrating this service with our ocean and air freight forwarding and contract logistics services, the company aims to further expand its business.
“We are very excited about the opportunities Hitech will bring Yusen Logistics and the additional services we will be able to offer to our customers. Hitech’s skills in sensitive freight are highly complementary to Yusen Logistics’ global capabilities. We will be positioned to deliver top quality logistical and transport services with a fully integrated service combining every aspect of the supply chain,” Mr Pemberton said.
CEO of Hitech Tom Devjak said: “We are delighted to be joining Yusen Logistics. Hitech will benefit from access to Yusen Logistics’ extensive global network including prime airport locations and international freight forwarding capabilities. We will now be able to offer customers seamless global transportation services.”
Hi-tech Express Group was founded in 2000 and employs 110 employees. Yusen has acquired its sensitive freight logistics and installation services. Yusen Logistics was founded in 1988 and has 450 employees.
